Exelon Corporation (NASDAQ:EXC) Is Favoured by Institutional Owners Who Hold 85% of the Company
Exelon Corporation (NASDAQ:EXC) Is Favoured by Institutional Owners Who Hold 85% of the Company
Key Insights
主要見解
- Significantly high institutional ownership implies Exelon's stock price is sensitive to their trading actions
- 50% of the business is held by the top 11 shareholders
- Using data from analyst forecasts alongside ownership research, one can better assess the future performance of a company
- 機構持股比例的顯著增加意味着Exelon的股價對其交易行爲非常敏感。
- 前11名股東持有公司50%的股份。
- 通過分析師預測數據和所有權研究,您可以更好地評估公司未來的業績。
A look at the shareholders of Exelon Corporation (NASDAQ:EXC) can tell us which group is most powerful. With 85% stake, institutions possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).
通過查看愛克斯龍電力(納斯達克:EXC)的股東,我們可以知道哪個群體最有影響力。機構持有85%的股份,佔公司最大股份。換句話說,該群體面臨着最大的上行潛力(或下行風險)。
Because institutional owners have a huge pool of resources and liquidity, their investing decisions tend to carry a great deal of weight, especially with individual investors. Hence, having a considerable amount of institutional money invested in a company is often regarded as a desirable trait.
由於機構業主擁有巨額資源和流動性資產,他們的投資決策往往具有很大的影響力,尤其是對個人投資者。因此,擁有大量機構資金投資於一家公司通常被視爲一種理想的特徵。
In the chart below, we zoom in on the different ownership groups of Exelon.
在下面的圖表中,我們放大了愛克斯龍電力不同的所有權組。
![big](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240905/0-b664aa811f1bdc4a14899555e59fd4f2-0-c4b12d1de1e247fef50879f9b80b1422.png/big)
What Does The Institutional Ownership Tell Us About Exelon?
機構投資者所持股份給愛克斯龍電力帶來了什麼信息?
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
機構投資者通常將自己的回報與常見的指數回報進行比較。因此,他們通常會考慮購買包括在相關基準指數中的較大公司。
We can see that Exelon does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Exelon's earnings history below. Of course, the future is what really matters.
我們可以看到愛克斯龍電力確實擁有機構投資者;他們持有公司的很大一部分股票。這意味着爲這些機構工作的分析師已經看過這支股票,並且他們喜歡它。但和其他人一樣,他們也可能會犯錯。如果多個機構同時改變對一支股票的看法,你可能會看到股價迅速下跌。因此,值得看一下愛克斯龍電力的收益歷史。當然,未來才是真正重要的。
![big](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240905/0-b664aa811f1bdc4a14899555e59fd4f2-1-3e627a2c728cd7a5b6b393562a3679dc.png/big)
Since institutional investors own more than half the issued stock, the board will likely have to pay attention to their preferences. Hedge funds don't have many shares in Exelon. The Vanguard Group, Inc. is currently the company's largest shareholder with 12% of shares outstanding. For context, the second largest shareholder holds about 10% of the shares outstanding, followed by an ownership of 8.2% by the third-largest shareholder.
由於機構投資者擁有超過一半的已發行股票,董事會很可能需要關注他們的偏好。在愛克斯龍電力,對沖基金的持股很少。目前,先鋒集團是該公司的最大股東,持有12%的流通股。作爲對比,第二大股東持有大約10%的流通股,第三大股東持有8.2%的流通股。
Looking at the shareholder registry, we can see that 50% of the ownership is controlled by the top 11 shareholders, meaning that no single shareholder has a majority interest in the ownership.
查看股東登記冊,我們發現其中 50% 的所有權受前11位股東控制,這意味着沒有單一股東掌握所有權益。
While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.
儘管研究公司的機構所有權可以爲您的研究增加價值,但研究分析師的建議也是一個好習慣,以深入了解股票的預期表現。有許多分析師對這支股票進行了覆蓋,因此了解他們的預測可能值得一試。
Insider Ownership Of Exelon
愛克斯龍電力的內部持股
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.
在不同國家,內部人員的定義可能會略有不同,但董事會成員始終是內部人員。管理層最終向董事會負責。然而,如果管理人員是創始人或CEO,那麼成爲執行董事會成員也是很常見的。
Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.
大多數人認爲內部所有權是積極的,因爲它可以表示董事會與其他股東的利益相一致。但是,在某些場合下,這個團體的權力過於集中。
Our data suggests that insiders own under 1% of Exelon Corporation in their own names. It is a very large company, so it would be surprising to see insiders own a large proportion of the company. Though their holding amounts to less than 1%, we can see that board members collectively own US$34m worth of shares (at current prices). It is always good to see at least some insider ownership, but it might be worth checking if those insiders have been selling.
我們的數據顯示,愛克斯龍電力公司的內部人員以自己的名義僅擁有不到1%的股份。這是一家非常大的公司,所以如果內部人員擁有大量的公司股份會令人驚訝。儘管他們的持股量不到1%,我們可以看到董事會成員共計擁有價值3400萬美元的股票(按當前價格計算)。看到至少有一些內部人員擁有股份總是好的,但也有必要檢查這些內部人員是否一直在賣出。
General Public Ownership
一般大衆所有權
The general public, who are usually individual investors, hold a 15% stake in Exelon. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.
一般公衆,通常是個體投資者,在愛克斯龍電力持有15%的股份。雖然這種持股比例可能不足以對政策決策產生影響,但他們仍然可以對公司政策產生集體影響。
Next Steps:
下一步:
It's always worth thinking about the different groups who own shares in a company. But to understand Exelon better, we need to consider many other factors. Take risks for example - Exelon has 2 warning signs (and 1 which is a bit unpleasant) we think you should know about.
始終值得考慮在一家公司中擁有股份的不同群體。但是要更好地了解愛克斯龍電力,我們還需要考慮許多其他因素。以風險爲例-愛克斯龍電力有2個警告信號(還有1個有點不愉快),我們認爲您應該了解一下。
If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.
如果您希望了解分析師在未來增長方面的預測,請務必不要錯過這份免費報告。
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
注:本文中的數據是使用最後一個財務報表日期結束的爲期12個月的數據計算的。這可能與全年年度報告數據不一致。
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
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